New Hampshire Business Review - June 3 2011

Fitch downgrades N.H. Bond Bank paper

The ratings of some of New Hampshire Municipal Bond Bank's outstanding general resolution bonds have been downgraded, according to Fitch Ratings. They are still considered quality bonds, but Fitch did put the bonds on a negative rating watch.Fitch assigned $667…

April foreclosures down 26%

The number of foreclosed deeds reported in April fell by 26 percent from March, according to the New Hampshire Housing Finance Authority.The authority said 404 foreclosures were reported in New Hampshire in April, compared to 543 reported in March.But April's…

May new hire numbers remain flat

The number of newly hired workers in New Hampshire has remained essentially unchanged for the third consecutive month, according to new figures released by the New Hampshire Department of Economic Security.The department reported 16,383 new employees were added to New…

Credit carryforward goes long

It looks as if the New Hampshire House will go along with the Senate's changes to a bill that would double to 10 years the current carryforward period on the business enterprise tax credit against the business profit tax.That means…

GT Solar inks its single largest deal

GT Solar International Inc. has received an order for its advanced sapphire crystallization furnaces totaling $460.4 million -- the Merrimack-based company's largest single order ever.The deal with an undisclosed Chinese firm is with the company's new LED business, which it…

NHBR About Town

City Year New Hampshire honored Paul and Sandra Montrone, right, with a Lifetime of Service Award for their long history of supporting nonprofit and community organizations at its annual Starry Starry Night benefit gala March 26 at Wentworth by the…

NHBR About Town

The Amoskeag Business Incubator, located in Manchester's Millyard, rebranded and relaunched itself as the abi Innovation Hub at an event held in March. About 70 people attended the event, including, from left, Stephan Pire of SerEx Consulting America; Michele Petersen,…